Cheap Apartments for Rent in the Kilowatt Lake Neighborhood of Memphis, TN from $300 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Kilowatt Lake area of Memphis.

property at 1477 Lyndale Ave

1477 Lyndale Ave

MemphisTN38107
property at 820 Maury St

820 Maury St

MemphisTN38107
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Watkins Manor
1 Bedroom Apartments

Watkins Manor

2643 N Watkins StMemphis, TN 38127
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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2238 Howell Ave
1 to 2 Bedroom Apartments

2238 Howell Ave

2238 Howell AveMemphis, TN 38108
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2086 Hubert Ave
2 Bedroom Apartments

2086 Hubert Ave

2086 Hubert AveMemphis, TN 38108

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-31, Page 1 of 1

Kilowatt Lake, Memphis, TN Local Guide

Cheapest Available Kilowatt Lake Apartments for Rent

 

The cheapest available apartment rental in the Kilowatt Lake area of Memphis, TN is a 2 Beds unit found at Love Tunica priced from $500. Springdale Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Kilowatt Lake apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Love Tunica2 Beds, 1 bath2BR,1BA$500
Springdale Creek Apartments1 Bedroom1BR,1BA$725
Kings Reserve MemphisPeabodyStudio,1BA$900
University Gardens ManorGold Unit2BR,1BA$920
Studio RasaEfficiencyStudio,1BA$925
Art Lofts @ OvertonS4Studio,1BA$999
Link Apartments® Broad AveS1Studio,1BA$1,045
Courtyard @ Ironworksb12BR,1BA$1,050
Iris Luxury ApartmentsA11BR,1BA$1,174

Best Value Apartments for Rent in Kilowatt Lake, TN

As of May 27, 2025 the best value apartment in the Kilowatt Lake area is the $1.32 price per square foot 1352 Faxon Ave Model at 1352 Faxon Ave in the in the Midtown Memphis neighborhood starting from $2,500. The second greatest value Kilowatt Lake apartment is the Spacious Model at 1468 Snowden Ave starting at $1,500 with a $0.89 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for Kilowatt Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1352 Faxon Ave1352 Faxon Ave4BR,2.5BA$1.32
1468 Snowden AveSpacious2BR,1.5BA$0.89
Barksdale Flats3 bedroom x bath with office3BR,2BA$1.56
Orleans Station2BR - FP #12BR,2BA$1.73
696 N Hollywood St, Unit 1696 N Hollywood St2BR,1BA$1.10
The Galloway @ Evergreen -The Evergreen2BR,1.5BA$1.56
Love Tunica2 Beds, 1 bath2BR,1BA$0.65
University Gardens ManorGold Unit2BR,1BA$1.19
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04
Courtyard @ Ironworksa1r1BR,1BA$1.91

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Kilowatt Lake, Memphis, TN

Ranked #64

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Kilowatt Lake Apartments

What is a cheap apartment in Kilowatt Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kilowatt Lake is under $1,174.

What is the price of a cheap apartment in Kilowatt Lake?

The cheapest apartment in Kilowatt Lake is Springdale Creek Apartments which is listed at $725, while the average apartment in Kilowatt Lake costs $1,695.

What types of apartments are the cheapest in Kilowatt Lake?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 45 regular apartments in Kilowatt Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Kilowatt Lake?

Cheap apartments in Kilowatt Lake have an average cost of $632 which is $1,063 cheaper than the average rent for all rentals in Kilowatt Lake.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.